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MARKET THOUGHTS


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#1 Mr Dev

Mr Dev

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Posted 15 October 2014 - 12:40 PM

nice gains so far today...but it has developed an intraday negative divergence on the lower time frame. !

(needs to break below 28.5 for the trigger )

a turn here would be confirmation of a bounce ...so desperately needed after a DOW -460 point drop .

just be careful ... if short and after we see the first spike.

be even more careful ...if trying to go long ... as the knife is still technically falling !!

:bowtie:

also see the post below for a DOW turn up at 15900....as a first signal to exit/ cover shorts/ long with 15900 stop !

:bowtie:

Edited by Mr Dev, 15 October 2014 - 12:48 PM.


.. .. ..
Mr Dev

......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
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